一、董事会会议召开情况 瑞茂通供应链管理股份有限公司（以下简称"公司"）第九届董事会第十次 会议于 2025 年 12 月 31 日以现场加通讯方式召开。会议应出席董事 5 人，实际 出席会议董事 5 人，公司高级管理人员列席了会议。会议由公司董事长万永兴先 生主持。会议的召集和召开程序符合《中华人民共和国公司法》和《公司章程》 的规定，所形成的决议合法有效。 二、董事会会议审议情况 | 证券代码：600180 | 证券简称：瑞茂通 | 公告编号：2026-001 | | | --- | --- | --- | --- | | 债券代码：255290.SH | | 债券简称：24 | 瑞茂 01 | | 债券代码：255553.SH | | 债券简称：24 | 瑞茂 02 | 瑞茂通供应链管理股份有限公司 关于第九届董事会第十次会议决议的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 （二）审议通过《关于制定<瑞茂通董事、高级管理人员薪酬管理制度>的 议案》 表决结果：5 票同意，0 票反对，0 票弃权。 本议案尚需提交 ...

| 证券代码：600180 | 证券简称：瑞茂通 | 公告编号：2026-004 | | | | --- | --- | --- | --- | --- | | 债券代码：255290.SH | | 债券简称：24 | 瑞茂 | 01 | | 债券代码：255553.SH | | 债券简称：24 | 瑞茂 | 02 | 瑞茂通供应链管理股份有限公司 关于召开2026年第一次临时股东会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、 召开会议的基本情况 (一) 股东会类型和届次 2026年第一次临时股东会 召开的日期时间：2026 年 1 月 16 日 14 点 30 分 召开地点：北京市西城区宣武门外大街 10 号庄胜广场中央办公楼南翼 11 层 瑞茂通供应链管理股份有限公司会议室 (五) 网络投票的系统、起止日期和投票时间。 股东会召开日期：2026年1月16日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会 ...

| 证券代码：600180 | 证券简称：瑞茂通 | 公告编号：2025-082 | | | | --- | --- | --- | --- | --- | | 债券代码：255290.SH | | 债券简称：24 | 瑞茂 | 01 | | 债券代码：255553.SH | | 债券简称：24 | 瑞茂 | 02 | 瑞茂通供应链管理股份有限公司 关于控股股东股份被轮候冻结的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 | 股东名 | 冻结/标 | 占其所持 | 占公司总 | 冻结/ | 冻结/ | 冻结/ | 冻结 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 记股份数 | | | 标记股 | 标记 | 标记 | | 冻结原因 | | 称 | | 股份比例 | 股本比例 | | | | 申请人 | | | | 量（股） | | | 份是否 | 起始日 | 到期日 | | | | | | | | 为限售 股 | | | | | | -- ...

Core Viewpoint - The logistics sector experienced a slight increase of 0.04% on December 30, with ST Xuefa leading the gains, while the overall market showed mixed results with the Shanghai Composite Index closing at 3965.12, down 0.0% [1]. Group 1: Market Performance - The logistics sector's performance was highlighted by ST Xuefa, which closed at 4.31 with a gain of 5.12% [1]. - Other notable gainers included *ST Haijin, which rose by 3.34% to 8.35, and Changlian Co., which increased by 2.33% to 10.56 [1]. - The Shenzhen Component Index closed at 13604.07, reflecting an increase of 0.49% [1]. Group 2: Trading Volume and Value - ST Xuefa had a trading volume of 39,600 shares and a transaction value of approximately 16.80 million [1]. - The highest transaction value in the logistics sector was recorded by Donghang Logistics, with a closing price of 18.27 and a transaction value of 181 million [1]. - The overall trading volume and value for the logistics sector showed varied performance across different stocks, with some stocks like Baoshui Technology and Donghang Logistics achieving significant transaction values [1]. Group 3: Capital Flow - The logistics sector saw a net outflow of 531 million from institutional investors, while retail investors contributed a net inflow of 507 million [2]. - The data indicates that retail investors were more active in the logistics sector, contrasting with the outflow from institutional investors [2]. - Specific stocks like YTO Express and Baoshui Technology experienced varying levels of net inflow and outflow from different investor categories [3].

Group 1 - The core point of the news is that Rui Mei Tong's stock price has been declining, with a drop of 5.15% on December 29, bringing the total market value to 3.50 yuan per share and a total market capitalization of 3.803 billion yuan [1] - Rui Mei Tong has experienced a continuous decline for five consecutive days, with a cumulative drop of 7.29% during this period [1] - The company specializes in coal supply chain management and services, with its main business revenue composition being 77.90% from coal trade, 11.02% from non-coal bulk trade, 10.90% from agricultural product processing, and 0.19% from industrial internet platform services [1] Group 2 - Among the top ten circulating shareholders of Rui Mei Tong, Jin Yuan Shun An Fund has a fund that entered the list, holding 3.093 million shares, which accounts for 0.28% of the circulating shares [2] - The fund has incurred a floating loss of approximately 587,700 yuan today and a total floating loss of 897,000 yuan during the five-day decline [2] - Jin Yuan Shun An Yuan Qi Flexible Allocation Mixed Fund has achieved a return of 43.73% this year, ranking 1753 out of 8159 in its category [2]

Core Viewpoint - 瑞茂通 is facing significant financial challenges, including overdue debts and ongoing litigation, which may impact its financial stability and future profitability [2][3]. Financial Performance - As of December 26, 2025, 瑞茂通's stock price closed at 3.69 yuan, down 7.29% from the previous week [1]. - The company's total market capitalization is 4.01 billion yuan, ranking 32nd out of 47 in the logistics sector and 3924th out of 5178 in the A-share market [1]. Debt Situation - 瑞茂通 and its subsidiaries have reported overdue borrowings totaling approximately 924.34 million yuan, which represents 11.69% of the company's latest audited net assets [2]. - The company has repaid 14.2 million yuan of overdue borrowings, with a cumulative overdue total of approximately 2.00 billion yuan, accounting for 25.37% of net assets [2]. Litigation Issues - 瑞茂通 has recently faced multiple lawsuits, with a total amount involved of approximately 1.02 billion yuan, representing 12.95% of the company's latest audited net assets [2]. - The cumulative amount of unresolved litigation against the company is approximately 2.23 billion yuan, which constitutes 28.21% of net assets [3].

记者从一线和多位知情人士处获悉，瑞茂通业务11月起陆续停摆，拖欠欠款，12月大面积裁员，预计裁 员比例高达一半，年底或仅保留部分中高层岗位。同时瑞茂通母公司整个"中瑞系"多家子公司均在陆续 裁员。 根据最新公告，瑞茂通累计金融机构借款逾期与商业承兑汇票逾期合计超20亿元，瑞茂通累计 发生尚未结案的诉讼事项涉案金额合计约为22.26亿元。（智通财经） ...

Core Viewpoint - 瑞茂通 is facing significant financial difficulties, including ongoing lawsuits and overdue debts, which have raised concerns about its operational stability and future prospects [2][6][12]. Group 1: Financial Issues - As of December 24, 瑞茂通 announced an additional lawsuit amounting to 10.21 billion yuan, bringing the total unresolved litigation amount to 22.26 billion yuan, which represents 28.21% of the company's latest audited net assets [6][7]. - The company reported overdue debts totaling approximately 20.01 billion yuan, which is 25.37% of its latest audited net assets, including overdue loans and commercial acceptance bills [8][9]. - In the first three quarters of 2025, 瑞茂通's net profit attributable to shareholders was 0.75 billion yuan, a year-on-year decline of 40.34% [12]. Group 2: Shareholder and Control Issues - The controlling shareholder, 郑州瑞茂通, has seen a significant portion of its shares frozen, with a total of 41.02 billion shares under judicial freeze, which is 377.51% of its holdings [9][10]. - Despite the high percentage of frozen shares, the company claims that this will not significantly impact its control structure or governance [10]. Group 3: Operational Performance - 瑞茂通 has experienced a decline in net profit since 2018, with only one year (2021) showing an increase, indicating a troubling trend in operational performance [11]. - The company has faced regulatory scrutiny, receiving two regulatory letters in December for issues related to information disclosure and internal controls [12].

上表中被告均为公司或公司旗下全资子公司。截至本公告披露日，公司及子公司累计发生尚未结案的诉 讼事项涉案金额合计约为222,569.5132万元人民币，占公司最近一期经审计净资产的28.21%。 登录新浪财经APP 搜索【信披】查看更多考评等级 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 案件所处的诉讼阶段：法院已立案，尚未开庭审理 ● 是否会对上市公司损益产生负面影响：本次诉讼尚未开庭审理，后续判决结果尚存在不确定性，对瑞 茂通供应链管理股份有限公司（以下简称"公司"或"瑞茂通"）本期利润或期后利润的影响存在不确定 性，最终影响以法院判决或执行结果为准。 ● 截至本公告披露日，公司及子公司连续12个月内累计发生尚未披露的诉讼事项涉案金额合计约为 102,124.9731万元人民币，占公司最近一期经审计净资产的12.95%。 一、本次新增诉讼的基本情况 ■ 二、本次诉讼对公司本期利润或期后利润等的影响 截至本公告披露日，上述诉讼尚未开庭审理，后续判决结果尚存在不确定性，对公司本期利润或期后利 润的影响存在 ...

Group 1 - The core point of the news is that 瑞茂通 is facing significant financial challenges, including overdue debts and multiple lawsuits, which could impact its financial stability and future profitability [1][2][3] Group 2 - As of December 24, 瑞茂通 reported a closing price of 3.76 yuan, down 1.05%, with a turnover rate of 2.08% and a trading volume of 226,200 shares, amounting to a total transaction value of 85.2075 million yuan [1] - The company has a total overdue debt amounting to approximately 92.23 million yuan, which represents 11.69% of its latest audited net assets [1] - The overdue debt includes 46.41 million yuan in bank loans and 45.82 million yuan in commercial acceptance bills, with a cumulative overdue total of about 200.15 million yuan, accounting for 25.37% of net assets [1][3] - 瑞茂通 and its subsidiaries have recently faced new lawsuits, with a total amount involved of approximately 102.12 million yuan, which is 12.95% of the latest audited net assets [2] - The cumulative amount of unresolved lawsuits against the company and its subsidiaries is approximately 222.57 million yuan, representing 28.21% of net assets [2][3]